ISLAMABAD: The Customs Islamabad Dry Port Margallah showed -5% decreases under the head of Customs Duty (CD) against an earmarked proportional revenue collection target during the first half of February Financial Year 2017-18.
According to details given by sources of the Model Customs Collectorate (MCC) Islamabad that, during first half, the Islamabad Dry Port (IDP) exhibited -11% decrease of CD against an assigned proportional revenue collection during the first half of corresponding FY16-17.
The official sources added that, during first half of FY17-18, the IDP was allocated a proportional revenue collection target amounting to Rs144.32million as CD whereas it earned Rs136.83million. The IDP collected Rs.-7.49million less revenue against an earmarked proportional revenue target. It was told that the IDP generated Rs152.83million under the same head during the same period of previous February FY16-17.
It was informed that the IDP has been assigned a revenue collection target of Rs269.40million of CD for the month of February FY17-18. The IDP received Rs9.30million on the day of 15th of February 2017-18. It was told that if the IDP had earned approximately Rs10million daily then it would have chased its allocated revenue collection target for the month of February FY17-18 under the head of CD. Sources further said the IDP is trying hard to meet the earmarked revenue collection target for the current month.
